(Credit: Ameer/Adobe Stock) As Equity Tiers Shrink, Big Law Grows Leverage
While some law firms may have increased leverage to boost profitability, firms may also change leverage because they need more associates to assist with complex cases, noted a law firm consultant.
April 22, 2024 at 12:28 PM
6 minute read
As many law firms sharpened their profitability in 2023, they often extended their leverage last year, including many big firms in Atlanta and the Southeast.
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